I'm trying to understand the CCI script but I don't see it's usind the "High" and "Low" values to calculate the Typical Price as explaned in the The Formula for the Commodity Channel Index (CCI), is that right?
How to replicate Pinescript results from CCI?
1.1k views Asked by Jorge Ramos At
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From the documentation:
The "High" and "Low" values are not used for calculations
CCI. I assume that you have confused the termstypical priceandtrue range.[Addition]
The pine script allows you to choose which series of calculations will be performed. Choose
HLС3in your case.